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by lazide
1554 days ago
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I expect it's years of money printing to avoid a dip in the middle of the largest demand drop we've had in a very long time, following by a resurgence in demand as folks get out and try to get moving again (resulting in them spending a bunch of that money all the sudden). It's pretty predictable IMO. Either we'd have to drop the economy during the demand slackening during COVID (which would have caused a severe recession, because it WAS a recession in activity, and then there would be a bunch of panicked people in the middle of a pandemic who also lost all their income running around and maybe setting even MORE things on fire), or inflate our way out of it. Hopefully we don't see some crazy 25% inflation like the 80's, but I wouldn't rule it out. I'd expect that in a few years it'll flatten out though. |
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